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> I believe the shareholders would have had much more influence than IBM is exercising right now. Well, you answered yourself why it went as it did. Don't you
by type0 3y ago
> I believe the shareholders would have had much more influence than IBM is exercising right now.
Well, you answered yourself why it went as it did. Don't you think answering to your shareholders is what keeps the company competitive and on the right course?
- bonzini 3y agoNot necessarily. The economic situation has been tough for everyone and maybe the shareholders could have asked for reducing the work done on Fedora or Stream for a short term benefit?
- tremon 3y agoI don't see any link between shareholder demands and business viability, other than "keep the business profitable". What makes you think shareholders are more familiar with the market a company operates in than the company itself?
- ptoal 3y agoIn fact, with tech companies, the shareholders don't usually demand "profitable", they usually demand double-digit revenue growth.